E*TRADE Financial Employee Reviews

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1.0
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Not a good company
CREDIT RISK ANALYST (Current Employee) –  Washington City, DCNovember 1, 2018
Company lacks diversity and all of the talented people leave or are fired by insecure senior management who don't have the skillset to adapt to a new position with another company.

Senior management doesn't care about its employees on the bottom line. There is no job security and the culture is toxic and emotionally draining.
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1.0
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Mismanaged
Registered Financial Services Representative (Former Employee) –  Rancho Cordova, CAOctober 3, 2018
Underpaid and mismanaged. they tried to go online but didn't want to provide customer service. I guess it was a model that was changing the whole dynamic of the stock brokerage business.
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3.0
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Directionless
Fixed Income Operations Specialist (Former Employee) –  Jersey City, NJOctober 2, 2018
E*trade by its name was supposed to be a fast-paced cutting-edge online trading firm. But I was part of a group that made had nothing to with online trading and the company failed to utilize the potential of that unit.
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4.0
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Fun place to work
Vice President, Cash Management Operations (Current Employee) –  Jersey City, NJSeptember 14, 2018
Company is innovative and great to work at. Great work life balance. Equitable compensation and good benefits.
Management is fair and good overall career paths.
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4.0
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Good work life balance
Recruitment Coordinator (Current Employee) –  Jersey City, NJSeptember 6, 2018
A lot of work flexibility. The company is growing at a fast pace so a lot of opportunities to grow and good team work environment. The company sponsors a lot of ad hoc employee appreciation events which help to foster a good working environment.
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4.0
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Basic Call Center Experience.
Floor lead (Former Employee) –  Sandy, UTSeptember 5, 2018
It was your basic call center experience. You do get to learn a lot about investments, and are facing new questions everyday for a while. You mostly end up navigating clients through the website though.
Pros
Decent culture for a brokerage firm. Good managers. Training and skill building oppurtunities.
Cons
It's a call center., Very metric based and sales heavy, Every trader had to work weekends in the Salt Lake City center by the time I left
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3.0
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Just ok
Financial Consultant (Current Employee) –  Denver, COSeptember 3, 2018
It's a hard place to be ambitious at. I was actively discouraged from getting my CFA. That said if you're looking for a place to coast for several years it works.
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5.0
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Great company
Associate Credit Analyst (Former Employee) –  Irvine, CASeptember 2, 2018
ETrade Financial is a great company to work for. It provided employees with great benefit and compensation. Co-worker and management are great to work with.
Pros
Great benefit
Cons
No cons
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5.0
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awesome place to work
MORTGAGE ADVISOR (Former Employee) –  Arlington, VAAugust 29, 2018
truly miss this employer...was laid off due to mortgage crisis back in 2008. great management,great culture. Hours were very flexible and the most enjoyable part of work was the individuality of the position.
Pros
everything
Cons
had to pay for parking
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5.0
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Fantastic
Physical Security Administrator (Current Employee) –  Centennial, COAugust 29, 2018
A fantastic place to work. Excellent healthcare and you can tell they truly care about the employees. Catered lunches occasionally, plenty of events, fantastic Christmas party.
Pros
Good Co-Workers
Cons
N/a
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5.0
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great organization
Financial Consultant (Former Employee) –  Philadelphia, PAAugust 24, 2018
Excellent company well run with great management. Good room for advancement and pay excellent if you work hard for it. I had great experience and would recommend.
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5.0
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Awesome place to work
Sr. Software Engineer (Current Employee) –  Alpharetta, GAAugust 23, 2018
Great workplace, smart colleagues, culture is awesome. I feel like i can really have a long term career. So far, it has been positive, collaborative, and interesting work!
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4.0
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Everyone on the same page
Senior Designer (Current Employee) –  Branding & Acquisition (Marketing)August 22, 2018
E*TRADE is a collaborative environment, especially within design. Everyone has their role, but we all make sure we are on the same page between people and teams. It's a great overall setup.
Pros
Benefits, Pto, managers, ERG programs, snacks, lunches often, office
Cons
Not doing enough that really matters in the past, but that's changing!
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5.0
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Great place to work
Financial Advisor (Former Employee) –  Palo Alto, CAAugust 16, 2018
E Trade was a place to work as a financial planner. They have great analysts tools, and an abundance of customers to prospect. The management team were great leaders and always were looking to help employees advance their careers.
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5.0
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Dynamic env, modernizing quickly, good people and top leadership
Sr. Staff IT Change Management (Former Employee) –  Alpharetta, GAAugust 15, 2018
Dynamic env, modernizing quickly, good people and top leadership
I wish I was had not left -- their best changes happened right after I left. People return there after having tried other companies. Good veteran staff, and new fresh blodd and ideas as well -- good mix for evolving.
Pros
dynamic pace good people and accountability
Cons
high turnover, competitive/cutt-throat
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4.0
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Great place to learn
LICENSED STOCK BROKER (Current Employee) –  Alpharetta, GAAugust 15, 2018
You learn a lot at Etrade though it can be a grind. If you are working in the call center it is strict time with no opportunity. The culture is trying to shift to retain talent however you are at the mercy of your manager. No flexibility is the hardest part of the job, the most enjoyable is the coworkers.
Pros
You learn a lot
Cons
it's a call center environment, could have a bad manager
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5.0
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good
Software Automation Tester (Current Employee) –  Arlington, VAAugust 13, 2018
This was a good company to work for. Never had any problems with managers, employees or HR. I would highly recommend to work for this company at any position.
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3.0
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Management needs improvement
Senior 10b5-1 Specialist (Current Employee) –  Alpharetta, GAJuly 26, 2018
At times it feels like management will hold you back because you are more of an asset working for them versus promoted those who do well. Those who struggle seem to get advantages when it comes to promotion because they are easily replaced
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4.0
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Experience
Director, Credit Risk (Former Employee) –  Arlington, VAJuly 23, 2018
E*Trade provides opportunity to gain relevant transferable experience. The environment and culture is fast-paced and can be challenging; however, hard work is rewarded and the compensation is fair. I've spent 12.5 years with E*Trade and have developed lifelong relationships with my several of my colleagues.
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3.0
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An OK company to work for
Senior Manager (Former Employee) –  Jersey City, NJJuly 19, 2018
E*TRADE provides the opportunity to obtain broker licenses and rewards hard work with promotions/advancements.

The corporate culture could use much improvement. Benefits are the same in year 10 as they are on day 1 of employment. Management expects employees to do more without a budget or much support.

I typically worked 50-60 hours per week as a manager.
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Overall rating

3.6
Based on 333 reviews
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3.6Work/Life Balance
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